Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...
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Gratuity calculator: How does the company calculate your gratuity? How much money will you get on a basic salary of ₹25,000?
Recently, a major change has been made to the gratuity rules under the new labour code. Now, gratuity will be given even ...
New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts.
If a company falls under the Payment of Gratuity Act of 1972, it cannot count itself out. On that note, let’s find out your gratuity amount for Rs 39,000, Rs 59,000, and Rs 66,000 last-drawn basic ...
Monthly Salary Calculations: Basic pay is one of the key factors to decide the overall salary of a central government employee. However, it is not the only factor. Their overall salary also depends on ...
How your basic salary and years of service determines your end-of-service benefit How your end-of-service benefit is worked out under UAE Labour Law, what counts towards it, and how much you could ...
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